Mascoma Wealth Management LLC Sells 844 Shares of First Trust Water ETF $FIW

Mascoma Wealth Management LLC decreased its holdings in shares of First Trust Water ETF (NYSEARCA:FIW) by 6.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,454 shares of the company’s stock after selling 844 shares during the period. Mascoma Wealth Management LLC owned 0.07% of First Trust Water ETF worth $1,237,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in FIW. Wealth Enhancement Advisory Services LLC raised its stake in First Trust Water ETF by 227.5% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 10,146 shares of the company’s stock worth $1,035,000 after buying an additional 7,048 shares during the period. Perkins Coie Trust Co acquired a new position in First Trust Water ETF during the 1st quarter worth approximately $35,000. LexAurum Advisors LLC raised its stake in First Trust Water ETF by 2.7% during the 1st quarter. LexAurum Advisors LLC now owns 38,089 shares of the company’s stock worth $3,836,000 after buying an additional 989 shares during the period. Outlook Wealth Advisors LLC raised its stake in First Trust Water ETF by 31.5% during the 1st quarter. Outlook Wealth Advisors LLC now owns 15,695 shares of the company’s stock worth $1,581,000 after buying an additional 3,757 shares during the period. Finally, PFS Partners LLC raised its stake in First Trust Water ETF by 369.5% during the 1st quarter. PFS Partners LLC now owns 446 shares of the company’s stock worth $45,000 after buying an additional 351 shares during the period.

First Trust Water ETF Stock Performance

FIW stock opened at $113.81 on Friday. The stock’s 50 day simple moving average is $112.19 and its 200 day simple moving average is $106.79. First Trust Water ETF has a fifty-two week low of $89.31 and a fifty-two week high of $115.58. The company has a market cap of $1.96 billion, a P/E ratio of 24.17 and a beta of 1.01.

About First Trust Water ETF

First Trust ISE Water Index Fund (the Fund) seeks investment results that correspond generally to the price and yield of an equity index called the ISE Water Index (the Index). The Index is a modified market capitalization-weighted index consisting of 36 stocks that derive a substantial portion of their revenues from the potable and wastewater industries.